Search found 1827 matches

by pascalwager
Sun Feb 09, 2020 3:47 pm
Forum: Investing - Theory, News & General
Topic: 30/70 is as good as 60/40
Replies: 110
Views: 8112

Re: 30/70 is as good as 60/40

The Estrada studies show that 30/70, historically, has had a high failure rate and 60/40 had no failures. I'm at 55/45, but may just spend down my bonds until I reach 60/40 (or higher); but that may take a long time. Actually, any stock allocation from 40% to 100% had low failures in the Estrada stu...
by pascalwager
Sat Feb 08, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: State of CA ending all but one index fund in Saving Plus Program
Replies: 8
Views: 1181

Re: State of CA ending all but one index fund in Saving Plus Program

Now that's a surprising statement! Wouldn't you want to rollover from a 457 into a Vanguard IRA to take advantage of lower fund expense ratios and far greater fund choices? I suppose I stated this in part because I haven't had much experience with high-cost 401k plans. My current mega-corp 401k pla...
by pascalwager
Sat Feb 08, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: Why so much emphasis on fixed-income yields rather than on fixed-income returns?
Replies: 10
Views: 1055

Re: Why so much emphasis on fixed-income yields rather than on fixed-income returns?

In these forums, I think I sense much greater emphasis on the yields rather than the returns of fixed-income instruments. Are the yields more important than the returns for fixed-income instruments? In the long run, returns depend on yields. In the short run I've made overall 6.47% gains on two int...
by pascalwager
Sat Feb 08, 2020 9:40 pm
Forum: Investing - Theory, News & General
Topic: State of CA ending all but one index fund in Saving Plus Program
Replies: 8
Views: 1181

Re: State of CA ending all but one index fund in Saving Plus Program

From what I can tell, if you have more than $5000, you can invest all but $2500 in the self-managed portion of your plan. You will continue to have access to additional funds through the Schwab Personal Choice Retirement Account (PCRA) service, including index funds. Additionally, Schwab recently e...
by pascalwager
Sat Feb 08, 2020 2:27 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1184
Views: 121383

Re: Jack Bogle - Two Fund Portfolio

What do you guys think of Inflation protected index fund? How about splitting bond allocation say half in Total Bond Index, half in Short Term Bond Index - to lower duration. Or am I just complicating things I think having TIPS is fine. But remember that total bonds includes bonds at various durati...
by pascalwager
Sat Feb 08, 2020 2:05 am
Forum: Investing - Theory, News & General
Topic: How much to hold in cash during retirement?
Replies: 51
Views: 5329

Re: How much to hold in cash during retirement?

I notice the terms optimal and comfortable being used as though they're in opposition with each other. Maybe this calls for an annual session with an hypnotist so that an optimal allocation seems genuinely comfortable. But David Swensen suggests being at 100% cash two years before reaching your inve...
by pascalwager
Fri Feb 07, 2020 4:45 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1229
Views: 110200

Re: Well, I am market timing... Wish me luck.

OP, hopefully you haven't overestimated your market timing abilities. I know I have none.
by pascalwager
Fri Feb 07, 2020 4:39 pm
Forum: Investing - Theory, News & General
Topic: Is Rebalancing Necessary?
Replies: 30
Views: 2824

Re: Is Rebalancing Necessary?

For the broad categories of stocks and bonds, if you take a total return approach when making withdrawals, then you probably want to limit volatility using historical data such as provided by Vanguard. Then re-balancing would be necessary, as it would also be if you were using a specific AA selected...
by pascalwager
Thu Feb 06, 2020 12:55 pm
Forum: Investing - Theory, News & General
Topic: What bonds are you buying?
Replies: 71
Views: 4651

Re: What bonds are you buying?

I'm retired and prefer intermediate TIPS, but also have TBM because of account limitations. I don't worry about low bond yields as I depend on stocks for portfolio growth.
by pascalwager
Thu Feb 06, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: Why are you holding bonds
Replies: 161
Views: 11753

Re: Why are you holding bonds

I'm retired and use bonds to reduce overall portfolio losses during a bear market. I'm 55/45 stocks/bonds.
by pascalwager
Mon Jan 20, 2020 3:16 am
Forum: Investing - Theory, News & General
Topic: Bonds in taxable
Replies: 65
Views: 4414

Re: Bonds in taxable

Vanguard California Intermediate-Term Tax Exempt (VCADX) makes good sense to me. We are fortunate to be in the highest tax brackets. Distributions from this fund are Federal and state tax free. This may make sense in your tax bracket but one has to be careful here... the SEC yield on this fund is 1...
by pascalwager
Sun Jan 19, 2020 10:50 pm
Forum: Investing - Theory, News & General
Topic: Bonds in taxable
Replies: 65
Views: 4414

Re: Bonds in taxable

I have TIPS funds in both my Rollover IRA and in a taxable account. As a retiree, I decided that inflation protection was more important than tax efficiency. Can you talk more about which funds you use in which accounts and what the tax impact is of using TIPS? I don't see this discussed very much....
by pascalwager
Sun Jan 19, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: Bonds in taxable
Replies: 65
Views: 4414

Re: Bonds in taxable

I have TIPS funds in both my Rollover IRA and in a taxable account. As a retiree, I decided that inflation protection was more important than tax efficiency. Can you talk more about which funds you use in which accounts and what the tax impact is of using TIPS? I don't see this discussed very much....
by pascalwager
Sat Jan 18, 2020 10:27 pm
Forum: Investing - Theory, News & General
Topic: Bonds in taxable
Replies: 65
Views: 4414

Re: Bonds in taxable

I have TIPS funds in both my Rollover IRA and in a taxable account. As a retiree, I decided that inflation protection was more important than tax efficiency.
by pascalwager
Sat Jan 18, 2020 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44119

Re: Engineers - What are you making?

It is against the law in some US States to use the title Engineer unless you are licensed. Not on business cards, not in email signatures. Many megacorps learnt this the hard way. Your State dictates the rules, as is often the case. I have never heard this before, but I'll take your word for it. In...
by pascalwager
Sat Jan 18, 2020 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44119

Re: Engineers - What are you making?

Not quite. As someone else pointed out, engineering is an extremely broad term. Mechanical engineers and roadway engineers have less in common than Plastic Surgeons and PCPs. There are certainly engineering specialties that require licensure, but I went to an engineering school and a large percenta...
by pascalwager
Fri Jan 17, 2020 11:47 pm
Forum: Investing - Theory, News & General
Topic: Does an updated iPad satisfy Vanguard’s security requirements?
Replies: 16
Views: 2606

Re: Does an updated iPad satisfy Vanguard’s security requirements?

I don't disagree with Vanguard that criminal intent is a very real problem. One home buyer near me permanently lost $800,000 recently when they sent their bank account information to an escrow company and the email was, evidently, intercepted. Then, even closer to me, my own credit card information ...
by pascalwager
Fri Jan 17, 2020 11:17 pm
Forum: Investing - Theory, News & General
Topic: Does an updated iPad satisfy Vanguard’s security requirements?
Replies: 16
Views: 2606

Re: Does an updated iPad satisfy Vanguard’s security requirements?

Several antivirus apps are available at the Apple App Store. I am considering the McAfee app since that’s what I have on my Windows PC. I wouldn’t bother with a security app except that I’m waiting to have a new Windows 10 PC built to replace my Windows 7 PC. I may need to use my iPad to do some in...
by pascalwager
Thu Jan 16, 2020 9:19 pm
Forum: Investing - Theory, News & General
Topic: Does an updated iPad satisfy Vanguard’s security requirements?
Replies: 16
Views: 2606

Re: Does an updated iPad satisfy Vanguard’s security requirements?

Vanguard states that investors must use devices that are protected by antivirus, malware, and spyware software. Everything that I have read says that this software isn’t necessary for iOS operating systems that are running the latest updated version of iOS. Does anyone know the official Vanguard po...
by pascalwager
Wed Jan 15, 2020 10:16 pm
Forum: Investing - Theory, News & General
Topic: "Cybercrooks are targeting retirement accounts — and unlike credit cardsthere's no guarantee you'll get your money back"
Replies: 51
Views: 5942

Re: "Cybercrooks are targeting retirement accounts — and unlike credit cardsthere's no guarantee you'll get your money b

I do the following: 1.) I do not link my Fidelity account to any outside source or use credit/debit card option in CMA 2.) Check at least once a month per Fidelity 3.) 2 factor VIP Symantec authentication 4.) Change password at least every 60 days and do not use same password 5.) I have read throug...
by pascalwager
Wed Jan 15, 2020 4:06 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

I don't find Sharpe referring to the TIPS portfolio as an LMP. It just seems to be an overall risk reduction component that includes inflation risk reduction. Also, Sharpe is only targeting "many retirees", not younger investors. And anyone is free to put all of their retiree savings into the high-p...
by pascalwager
Wed Jan 15, 2020 3:05 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

For June 30, 2015 Right, which means it's not really correct 5 years later given the market port shifts over time. The market portfolio changes every day. You don't need a multicolor graph to say: 'Pick your TIPS allocation at whatever level you like. Put the rest of your funds in the market portfo...
by pascalwager
Tue Jan 14, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

A discussion of Sharpe's market portfolio really isn't complete without considering the companion TIPS portfolio. The TIPS duration is the investor's personal choice, perhaps using IT, ST, or a combination. They're not really buckets (TIPS and market) because they're rebalanced to a percentage allo...
by pascalwager
Tue Jan 14, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

A discussion of Sharpe's market portfolio really isn't complete without considering the companion TIPS portfolio. The TIPS duration is the investor's personal choice, perhaps using IT, ST, or a combination. They're not really buckets (TIPS and market) because they're rebalanced to a percentage allo...
by pascalwager
Tue Jan 14, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

A discussion of Sharpe's market portfolio really isn't complete without considering the companion TIPS portfolio. The TIPS duration is the investor's personal choice, perhaps using IT, ST, or a combination. They're not really buckets (TIPS and market) because they're rebalanced to a percentage allo...
by pascalwager
Tue Jan 14, 2020 4:50 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

A discussion of Sharpe's market portfolio really isn't complete without considering the companion TIPS portfolio. The TIPS duration is the investor's personal choice, perhaps using IT, ST, or a combination. They're not really buckets (TIPS and market) because they're rebalanced to a percentage alloc...
by pascalwager
Mon Jan 13, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

Who's right? Most of the sources I've read have said the global bond market is quite a bit bigger than the global stock market. So the 57/43 number must be using some kind of filter, perhaps some kind of float adjustment. Or they're just avoiding certain types of bonds. And Sharpe mentions that the...
by pascalwager
Fri Jan 10, 2020 6:12 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115894

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

No, this wasn't the traveling season and I was able to call her that very night from my modest dwelling. I identified myself as the older guy with the bigger account; but she recognized my voice right away, said she knew I was going to call, and was very glad that I did. She told me she had become ...
by pascalwager
Wed Jan 08, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115894

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

None of the above. Actually, she wasn't interested in my bank account money itself, just the way it was earned. She was influenced in the past by reading a book by an Argentinian female engineer who strongly believed that women should be financially independent from men. Once, and only once, I offe...
by pascalwager
Wed Jan 08, 2020 2:19 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115894

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

did she visit you in the hotel parking lot you were sleeping in? Had to use a payphone to call her. Was not ideal. :wink: No, this wasn't the traveling season and I was able to call her that very night from my modest dwelling. I identified myself as the older guy with the bigger account; but she re...
by pascalwager
Wed Jan 08, 2020 1:18 am
Forum: Investing - Theory, News & General
Topic: Latest on transition to new investment platform - Vanguard
Replies: 35
Views: 3150

Re: Latest on transition to new investment platform - Vanguard

I had to change to a newer platform at Schwab for an account opened in 1995 in order to do a beneficiary rework. The process was tedious and time-consuming and took about two weeks to complete. I don't like ETFs so I don't plan to change at Vanguard. The older platform works well for me. The proces...
by pascalwager
Sat Jan 04, 2020 3:28 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115894

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

The one place that defied my inclination to keep a low-profile was my local bank. My account was often pressing up against the $250k FDIC limit and seemed to gain the attention of tellers and officers. One teller even passed me a blank deposit slip showing her name and phone number. I knew that sav...
by pascalwager
Fri Jan 03, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: Latest on transition to new investment platform - Vanguard
Replies: 35
Views: 3150

Re: Latest on transition to new investment platform - Vanguard

I had to change to a newer platform at Schwab for an account opened in 1995 in order to do a beneficiary rework. The process was tedious and time-consuming and took about two weeks to complete.

I don't like ETFs so I don't plan to change at Vanguard. The older platform works well for me.
by pascalwager
Fri Jan 03, 2020 12:18 pm
Forum: Personal Investments
Topic: Where to put cash? Short term corp. bonds vs. MM prime?
Replies: 4
Views: 1064

Re: Where to put cash? Short term corp. bonds vs. MM prime?

Yes, it is. What is the purpose of your "cash"? What did Merriman state the purpose of his "cash" was? Full disclosure: The purpose of any cash I have is to pay credit card bills, so I have barely enough cash the day before the bill is due so that I can pay the bill. Otherwise, my assets are fully ...
by pascalwager
Thu Jan 02, 2020 4:29 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115894

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

The one place that defied my inclination to keep a low-profile was my local bank. My account was often pressing up against the $250k FDIC limit and seemed to gain the attention of tellers and officers. One teller even passed me a blank deposit slip showing her name and phone number. I knew that savi...
by pascalwager
Thu Jan 02, 2020 4:05 am
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Re: Kitchen faucet pull-down nozzle

Check out replacement nozzles on Amazon. I replaced our no-name nozzle that had a failing spray button a couple of months ago for like $12. Works just fine and looks exactly like the original. I looked at Amazon last week, but their adapters don't mate with my 13/16" male hose end. I took the nozzl...
by pascalwager
Thu Jan 02, 2020 3:52 am
Forum: Investing - Theory, News & General
Topic: Grok's investing tip #1/10 Take your risk on the equity side
Replies: 126
Views: 34440

Re: Grok's investing tip #1/10 Take your risk on the equity side

I wonder why Vanguard doesn't include liquidity risk in their TIPS fund list of risks. (Bill Bernstein emphasizes liquidity risk above.) again hoping Bill will chime in here. i think what Bill was saying, which i agree with, is that if you buy a 30 year tip to fund retirement liabilities and you ne...
by pascalwager
Tue Dec 31, 2019 3:20 am
Forum: Investing - Theory, News & General
Topic: Grok's investing tip #1/10 Take your risk on the equity side
Replies: 126
Views: 34440

Re: Grok's investing tip #1/10 Take your risk on the equity side

I wonder why Vanguard doesn't include liquidity risk in their TIPS fund list of risks. (Bill Bernstein emphasizes liquidity risk above.)
by pascalwager
Tue Dec 31, 2019 2:58 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115894

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

I come out only at night, but still remain in the shadows. My last car was almost 24 years old. I'm in my 70's, but still wear some clothes from high school. When my sneakers are ready for the trash, I just use them for yard work. I dislike redeeming any portfolio assets and consider portfolio grow...
by pascalwager
Mon Dec 30, 2019 11:14 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Re: Kitchen faucet pull-down nozzle

Thanks, lots of good input. I'll try the lime deposit soak idea (CLR, etc.) The spray outlets do show encrustation. So true, Lowe's couldn't help. Didn't even carry replacement nozzle heads. I would clean the strainer first. Some of the crud that can collect there will not dissolve. It's just dirt....
by pascalwager
Mon Dec 30, 2019 11:12 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Re: Kitchen faucet pull-down nozzle

Replace the entire faucet. eFaucets.com More faucets than you can ever consider and at all price points. This seems like the most practical solution by far... This would be a last resort for me. Repairing the nozzle seems much easier, much less disruptive, and much cheaper ($0.00). Right now, after...
by pascalwager
Mon Dec 30, 2019 3:41 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Re: Kitchen faucet pull-down nozzle

Thanks, lots of good input. I'll try the lime deposit soak idea (CLR, etc.) The spray outlets do show encrustation. So true, Lowe's couldn't help. Didn't even carry replacement nozzle heads. I would clean the strainer first. Some of the crud that can collect there will not dissolve. It's just dirt....
by pascalwager
Mon Dec 30, 2019 1:56 am
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Re: Kitchen faucet pull-down nozzle

Thanks, lots of good input. I'll try the lime deposit soak idea (CLR, etc.) The spray outlets do show encrustation.

So true, Lowe's couldn't help. Didn't even carry replacement nozzle heads.
by pascalwager
Sun Dec 29, 2019 4:38 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Kitchen faucet pull-down nozzle

I have a good quality, no-name, crooked-neck kitchen faucet and I'd like to replace the pull-down nozzle (hose in spigot) for better flow. So far I haven't found one with a female adapter to match my 13/16" (0.8") male hose-end connector (attached to the hose). I tried running water through the nozz...
by pascalwager
Thu Dec 26, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Investments negatively correlated with the stock market?
Replies: 59
Views: 4931

Re: Investments negatively correlated with the stock market?

Re-balancing, as a retiree, during a protracted bear market might be difficult; but for me, selling stocks and bonds to create, say, an initial 5-year, $400,000 cash bucket would also be psychologically challenging. I don't rebalance anymore anyway. When I take redemptions, I just maintain the curre...
by pascalwager
Thu Dec 26, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1184
Views: 121383

Re: Jack Bogle - Two Fund Portfolio

Abuss, What percentage of your portfolio is bonds and if you are comfortable answering, how old are you? 45 years old and we are presently "age less 15". Why do you ask? Just curious. We are 34 and approximately age less 15 as well. 80/20 3 funder. Over the long term international may or may not ma...
by pascalwager
Thu Dec 26, 2019 12:28 am
Forum: Investing - Theory, News & General
Topic: DFA cuts fees...
Replies: 8
Views: 1305

Re: DFA cuts fees...

In the beginning, DFA had no intention to sell to retail investors, just institutional. Then, in 1995, an investment company in Silicon Valley convinced them to let this company advise small investors using their funds. The minimum initial purchase was $250k in 1995 and that's when I sold off a lot ...
by pascalwager
Wed Dec 25, 2019 1:38 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 226
Views: 43500

Re: Cash - Throw it all on the table!!!

One critic of this policy would be Javier Estrada. His portfolio studies using historical data show that keeping cash outside one's portfolio is less efficient and productive and results in more retirement failures. The use of cash isn't the main issue, but removing it from the rebalancing process ...
by pascalwager
Wed Dec 25, 2019 1:30 am
Forum: Investing - Theory, News & General
Topic: Investments negatively correlated with the stock market?
Replies: 59
Views: 4931

Re: Investments negatively correlated with the stock market?

I assume OP's purpose is to protect portfolio value when stock market declines. That is important ONLY IF one sells stocks in a down market. History tells us the market always comes back at some point. What if one didn't need to sell in a down market? There is a pretty easy way: hold enough cash. C...
by pascalwager
Sun Dec 22, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 243
Views: 50005

Re: Bill Sharpe's preferred portfolio

Global stocks and bonds, cap weighted, free float, plus TIPS to taste. See https://www.youtube.com/watch?v=XsXOLZ9U7jI at about 39:00. He uses Vanguard funds. So what's the guidance on the AA ratio between the 'tradable stuff' (stocks/bonds) vs the TIPS? It seems pretty vague. Sharpe just leaves it...